The term 'Classic Record Label' refers to two of the most iconic labels in music history: Decca and ATCO. Decca Records, founded in 1929, is one of the oldest record labels in the world and has released albums from some of the biggest names in music, including The Rolling Stones, Bing Crosby, and Ella Fitzgerald. ATCO Records, founded in 1955, is a subsidiary of Atlantic Records and has released albums from some of the most influential artists of all time, such as Led Zeppelin, Cream, and Aretha Franklin. Both labels have had a major impact on the music industry and are considered classic record labels.